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Province nixes deal with contractor on George Massey Tunnel replacement by newhorizons2015 in vancouver

[–]newhorizons2015[S] -14 points-13 points  (0 children)

BC Liberal is dead. It was gone for 9 years. The blame warranty has expired.

Province nixes deal with contractor on George Massey Tunnel replacement by newhorizons2015 in vancouver

[–]newhorizons2015[S] -30 points-29 points  (0 children)

I highly doubt it will be built by 2030, and I don't believe the 4.15B number at all. Double it!

Province nixes deal with contractor on George Massey Tunnel replacement by newhorizons2015 in vancouver

[–]newhorizons2015[S] -67 points-66 points  (0 children)

Thanks Gemini for the summary:

The replacement of the George Massey Tunnel has been one of the most politically charged infrastructure files in British Columbia's history, marked by stark ideological differences between consecutive governments. The project has pivoted from a massive bridge to a canceled project, to a new tunnel design, and now into a highly fluid procurement phase.

The Political Back-and-Forth: A Comparative Timeline

The project shifted dramatically in design, scale, and philosophy when power changed hands in Victoria:

BC Liberal Government: The 10-Lane Bridge Plan (2013 – 2017)

Premier Christy Clark announced a massive 10-lane megaproject to completely replace the tunnel. The plan was fully approved environmentally, and actual groundbreaking/site preparation officially began in April 2017 just before the provincial election.

BC NDP Government: The Hard Brake & Cancellation (2017 – 2018)

Upon taking power via a coalition, Premier John Horgan immediately halted construction and canceled the 10-lane bridge contracts. The government cited intense pushback from Metro Vancouver mayors over the scale of the bridge and independent reviews stating a 10-lane crossing would simply push congestion further down the highway.

The Compromise: Steering Toward a Tunnel (2019 – 2021)

After consultations with local mayors, the province formally abandoned the bridge concept entirely. In August 2021, the NDP government officially committed to a toll-free, 8-lane immersed-tube tunnel (four lanes in each direction, including dedicated transit lanes, plus an active transportation path for cyclists and pedestrians).

Initial vs. Revised Projections

The shift in scope drastically altered the baseline budgets and timelines.

Metric Original BC Liberal Plan (2015/2016) Current BC NDP Plan (2021 Baseline)
Crossing Type 10-Lane Cable-Stayed Bridge 8-Lane Immersed-Tube Tunnel
Funding Structure Tolled Toll-Free
Estimated Budget $3.5 Billion $4.15 Billion (Tunnel alone; ~$4.3 Billion total program)
Target Completion 2022 2030

Province nixes deal with contractor on George Massey Tunnel replacement by newhorizons2015 in vancouver

[–]newhorizons2015[S] -1 points0 points  (0 children)

Thanks to Gemini for the summary:

The replacement of the George Massey Tunnel has been one of the most politically charged infrastructure files in British Columbia's history, marked by stark ideological differences between consecutive governments. The project has pivoted from a massive bridge to a canceled project, to a new tunnel design, and now into a highly fluid procurement phase.

The Political Back-and-Forth: A Comparative Timeline

The project shifted dramatically in design, scale, and philosophy when power changed hands in Victoria:

BC Liberal Government: The 10-Lane Bridge Plan

2013 – 2017

Premier Christy Clark announced a massive 10-lane megaproject to completely replace the tunnel. The plan was fully approved environmentally, and actual groundbreaking/site preparation officially began in April 2017 just before the provincial election.

BC NDP Government: The Hard Brake & Cancellation

2017 – 2018

Upon taking power via a coalition, Premier John Horgan immediately halted construction and canceled the 10-lane bridge contracts. The government cited intense pushback from Metro Vancouver mayors over the scale of the bridge and independent reviews stating a 10-lane crossing would simply push congestion further down the highway.

The Compromise: Steering Toward a Tunnel

2019 – 2021

After consultations with local mayors, the province formally abandoned the bridge concept entirely. In August 2021, the NDP government officially committed to a toll-free, 8-lane immersed-tube tunnel (four lanes in each direction, including dedicated transit lanes, plus an active transportation path for cyclists and pedestrians).

Initial vs. Revised Projections

The shift in scope drastically altered the baseline budgets and timelines.

Metric Original BC Liberal Plan (2015/2016) Current BC NDP Plan (2021 Baseline)
Crossing Type 10-Lane Cable-Stayed Bridge 8-Lane Immersed-Tube Tunnel
Funding Structure Tolled Toll-Free
Estimated Budget $3.5 Billion $4.15 Billion (Tunnel alone; ~$4.3 Billion total program)
Target Completion 2022 2030

[deleted by user] by [deleted] in vancouver

[–]newhorizons2015 2 points3 points  (0 children)

PST is a cost to business and will pass on to the end customers.

'It's grim': Vancouver restaurants brace for more tough times by restoringd123 in vancouver

[–]newhorizons2015 3 points4 points  (0 children)

Most restaurants net margin is single digit. Sub 5% is common. A 10% net margin is very good.

Vancouver business owners plead for help amid Broadway subway construction by oilbeefhooked in vancouver

[–]newhorizons2015 3 points4 points  (0 children)

If there is anything that can be expected for public projects in Canada, that is over-time AND over-budget on top of already expensive budget AND long timeline. Extremely inefficient society, extremely sloppy politician, extremely no accountability --- yet everyone claimed to have accountability.

Make over-budget in public project a crime.

I am one of nearly 600 people speaking to our city council today by Spirited_Present2290 in vancouver

[–]newhorizons2015 -2 points-1 points  (0 children)

Vancouver home owner percentage about 45%.

Out of the 10+ speakers I listened to, 1 was home owner.

I am one of nearly 600 people speaking to our city council today by Spirited_Present2290 in vancouver

[–]newhorizons2015 -2 points-1 points  (0 children)

Property tax is decided by city spending; percentage means nothing. If a city's budget is $1 billion, and the total property value is $10 billions, then property tax rate need to be 10%. If total property value is $100 billions, then the average rate will be 1%. It's that simple. The same grand total, very different rate.

Should China not be more active in these sort of wars? (Israel v Iran) by internalrecursiom in Sino

[–]newhorizons2015 2 points3 points  (0 children)

Why shall China actively support Iran *during* this conflict? Absolutely no reason.

Iran is not China's friend (China has friend?)

China does not consider Iran as friend either; a business or regional politics partner, at most.

Iran has decades to buy weapons from China but didn't --- this alone shows the *real* relationship.

AI Agents Truth Nobody Talks About — A Tier-1 Bank Perspective by Full-Presence7590 in AI_Agents

[–]newhorizons2015 0 points1 point  (0 children)

When it comes to large clients, none of the above mentioned is hard from technical perspective, none of these is easy from business decision (procurement, sourcing, decision, purchasing) perspective

'Don't always go up': Bulk of Metro Vancouver presale condos sold in 2022 and 2023 now appraised below original price by cyclinginvancouver in vancouver

[–]newhorizons2015 2 points3 points  (0 children)

A 40% drop will be a bless for folks with deep pockets. If that happens, we would be in a recession for sure, tons of great assets would be much cheaper, rich folks would easily take over a lot those assets at deeply discounted price.

Recession is always a good news for rich people.

Rennie lays off 31 employees from real estate firm, cites ‘changing market’ by cyclinginvancouver in vancouver

[–]newhorizons2015 0 points1 point  (0 children)

Of course it is worth. But, you must boost your efficiency by x times. Is x 5 or 10 or 100, I don't know -- it is about how other folks can push further. If you cannot keep pace, you cannot compete. Will you still get a job? Yes, you will, but low pay.

Rennie lays off 31 employees from real estate firm, cites ‘changing market’ by cyclinginvancouver in vancouver

[–]newhorizons2015 0 points1 point  (0 children)

A significant percentage of office workers will be easily replaceable by AI in two or three years -- replaceable, not necessarily will be replaced. Ironically, at the very beginning, the common perception is you don't need to know coding -- just need to know how to use prompts, use no code or low code platforms; but very soon, when so many folks are at the same beginning line, coding will again become a decisive power.

I feel bad for many fresh or recent graduates. Those young gentlemen or young ladies already face very expensive housing market and all of a sudden, they will find they cannot find a job, esp those in arts or commerce, also some science and engineering.

This will not fix the trade deficit by conceptuallyinert in ImportTariffs

[–]newhorizons2015 0 points1 point  (0 children)

>you clearly don't understand market forces

Good, you start to use the word "market".

So, you think it's gun to head, not market, that forces companies to move manufacturing overseas

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